Is Mohawk, NY 13407 a buyer’s or seller’s market?

The Mohawk housing market right now

In the three months ending August 31, 2026, 22% of homes in Mohawk, NY 13407 sold above their list price, the typical home went under contract in 11 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold faster (24 days then) and the median sale price rose 63% to $269,743. Overall, Mohawk is less competitive than a year ago, which gives buyers more room.

Within Herkimer County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 54%.

Nearby, buyers who want less competition could look at Thendara 13472 (0% sold over asking) or Salisbury Center 13454 (0% sold over asking), while Jordanville 13361 (67% sold over asking) and Frankfort 13340 (44% sold over asking) are even more competitive.